Motorola Cuts Will Cost Google at Least $275 Million

Saving money at Motorola won’t be cheap for Google. The search giant says it will take a “severance-related charge” of up to $275 million when it lays off some 4,000 workers this year. Google tells investors that overhauling Motorola will end up generating other losses, as well. “Although Google cannot currently predict the amount of these other charges at this time, these additional charges could be significant.”

Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work

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